Wednesday 30 November 2022

The only technical analysis video you will ever need (full guides: beginner to advanced

The Only Technical Analysis Video You Will Ever Need... (Full guides: Beginner To Advanced) discription GET FOREX TRENDY http://bit.ly/2f1ZdQF GET 1000PIPS CLIMBER SIGNAL http://bit.ly/2S2v3Qq GET 1000PIPS CLIMBER http://bit.ly/3Vgia16 JOIN MY BROKER http://bit.ly/2UvW0xa JOIN MY BROKER https://bit.ly/3TSm6E4

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The only technical analysis video you will ever need (full guides: beginner to advanced

Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more

Stocks making the biggest moves after hours: Salesforce, Snowflake, Costco, Five Below and more See which stocks are posting big moves after the bell.

Tuesday 29 November 2022

EURUSD & GBPUSD Forex Signals | Euro | USD |Scalping forex strategy (Day trading strategies)

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Stocks making the biggest moves after hours: Workday, CrowdStrike, Horizon Therapeutics and more

Stocks making the biggest moves after hours: Workday, CrowdStrike, Horizon Therapeutics and more These are the stocks posting the largest moves in after hours trading.

Technical analysis video you will ever need …full course:beginner to intermediate

Technical analysis video you will ever need …full course:beginner to intermediate



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USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9422; (P) 0.9461; (R1) 0.9499; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.9355 is still extending. On the downside, firm break of 0.9355 will resume the decline from 1.0146 to 0.9287 fibonacci level. Near term outlook will remain bearish as long as 0.9680 minor resistance holds, in case of […] The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
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GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2060; (P) 1.2094; (R1) 1.2129; More… Intraday bias in GBP/USD is turned neutral first as it continued to lose upside momentum with current retreat. Further rally is expected as long as 1.1777 support holds. Next target is 100% projection of 1.0351 to 1.1494 from 1.1145 at 1.2288 first. Sustained break there will […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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Monday 28 November 2022

China’s economy cannot bear much more zero-covid

China’s economy cannot bear much more zero-covid But ending the policy now could unleash chaos

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2060; (P) 1.2094; (R1) 1.2129; More… GBP/USD is losing some upside momentum as seen in 4 hour MACD. But further rally is expected as long as 1.1777 support holds. Next target is 100% projection of 1.0351 to 1.1494 from 1.1145 at 1.2288 first. Sustained break there will pave the way to 1.2759 […] The post GBP/USD Daily Outlook appeared first on Action Forex.
http://dlvr.it/SdTLYk

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9422; (P) 0.9461; (R1) 0.9499; More… Intraday bias in USD/CHF remains neutral at this point. On the downside, firm break of 0.9355 will resume the decline from 1.0146 to 0.9287 fibonacci level. Near term outlook will remain bearish as long as 0.9680 minor resistance holds, in case of another recovery. In the […] The post USD/CHF Daily Outlook appeared first on Action Forex.
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USD/JPY Daily Outlook

Daily Pivots: (S1) 138.49; (P) 139.04; (R1) 139.71; More… Immediate focus is now on 137.66 support in USD/JPY. Firm break there will resume the decline from 151.93, as a correction to larger up trend, to 100% projection of 146.78 to 137.66 from 142.24 at 133.12, which is close to 133.07 medium term fibonacci level. In […] The post USD/JPY Daily Outlook appeared first on Action Forex.
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AUD/USD Daily Report

Daily Pivots: (S1) 0.6724; (P) 0.6752; (R1) 0.6784; More… Intraday bias in AUD/USD remains neutral for the moment. Outlook is unchanged too. Further rise is expected as long as 0.6521 resistance turned support holds. On the upside, break of 0.6796 will resume the rise from 0.6169 to 0.6871 fibonacci level. However, sustained break of 0.6521 […] The post AUD/USD Daily Report appeared first on Action Forex.
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USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3332; (P) 1.3366; (R1) 1.3414; More…. Intraday bias in USD/CAD stays neutral for the moment. On the upside, firm break of 1.3494 will indicate that correction from 1.3976 has completed at 1.3224, ahead of 1.3207 cluster support (61.8% retracement of 1.2726 to 1.3976 at 1.3204). Intraday bias will be turned back to […] The post USD/CAD Daily Outlook appeared first on Action Forex.
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Sunday 27 November 2022

'India is one of the greatest opportunities in the world'

'India is one of the greatest opportunities in the world' 'India is one of the Greatest Opportunities in the World'. US corporate restructuring specialist Houlihan Lokey is slowly exploring a post-covid investment situation in India, where promoters are open to sell, prune their businesses or partner with a financial sponsor to grow. As the insolvency and bankruptcy processes mature, mid-sized Indian firms are looking a bit more aggressive towards global capital pool said Scott Adelson, co-president & global co-head, Corporate Finance.

Saturday 26 November 2022

Warren Buffett explains his $750 million charitable donation on Thanksgiving eve

Warren Buffett explains his $750 million charitable donation on Thanksgiving eve The legendary investor said the donation is his way of giving thanks to his children for their charitable work.

NZD/JPY:Volume Profile,VWAP and price Action Analysis by forex strategy factory


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NZD/JPY:Volume Profile,VWAP and price Action Analysis by forex strategy factory

NZD/JPY:Volume Profile,VWAP and price Action Analysis by forex strategy factory

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Ten Forex Trading Tips for Beginners #shorts


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USD/JPY Technical Analysis for November 25, 2022 by FOREX STRATEGY FACTORY


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Friday 25 November 2022

USD/JPY Technical Analysis for November 25, 2022 by FOREX STRATEGY FACTORY

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Ten Forex Trading Tips for Beginners #shorts

Ten Forex Trading Tips for Beginners #shorts

Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs

Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs

Bitget, a cryptocurrency exchange now based in Seychelles, has introduced Brazilian real (BRL) trading pairs as the first batch of its new on-ramp fiat trading pairs for spot traders on its platform.

Bitget announced on Friday that the new pairs includes USDT/BRL, ETH/BRL and BTC/BRL even as “the team is looking to roll out more fiat currency trading pairs on the plaform.”

“The new solution provides users with the option of spot trading cryptocurrency direct with fiat currency, therefore, lowering the reliance on stablecoins and over-the-counter services,” Bitget said.

The new development comes a week after Bitget launched its operations in Brazil and enabled crypto purchases with Brazilian reals. The firm also integrated with the Brazilian government’s Pix payment system and announced that its users will be able to executive withdrawals in the country’s fiat currency by November 30.

In the Friday statement, Bitget noted that it launched the fiat on-ramp service in partnership with Pix. However, it added that the system runs alongside off-ramp solutions it current provides globally.

Furthermore, Bitget noted that the trading pairs will first be introduced to markets in Latin America “where the adoption rate of crypto is highest amongst the general public.” The exchange added that the region is an important market for its global expansion.

Eyes on Global Expansion

Speaking on the new development, Gracy Chen, Bitget’s Managing Director described the launch as “one of our significant milestones this year.” Last month, the firm launched ‘Biget Insights,’ a feature that makes trading insights from verified traders on social media accessible to Bitget’s users.

“To create accessible gateways to serve the international communities, we will be working hand-in-hand with top-notch and recognized payment solution providers to be compliant in linking local economies, businesses, and marketplaces with digital assets. We hope this will bring a better experience and easier accessibility to more users, which is crucial for crypto mass adoption,” Chen explained, speaking on the trading pairs.

Earlier this month, Bitget increased its protection fund, which was first introduced in July, to $300 million following FTX's collapse. The exchange also announced the opening a Seychelles office some days ago, months after disclosing that it will double its global workforce despite contrary developments in the crypto industry.

Meanwhile, in Octobr, Bitget expanded its sports deal roster by unveiling football star Lionel Messi as it brand ambassador. The crypto firm currently manages sports deal with football clubs Juventus F.C. (Italy) and Galatasaray (Turkey).

This article was written by Solomon Oladipupo at www.financemagnates.com.

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.5351; (P) 1.5406; (R1) 1.5445; More… EUR/AUD is still extending the consolidation from 1.5704 and intraday bias remains neutral. In case of deeper fall, downside should be contained by 55 day EMA (now at 1.5301) to bring rebound. On the upside, decisive break of 1.5704 will resume larger rise from 1.4281. However, […] The post EUR/AUD Daily Outlook appeared first on Action Forex.
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Thursday 24 November 2022

Credit guarantee fund on drawing board for building warehouses

Credit guarantee fund on drawing board for building warehouses Earlier this year, the Reserve Bank of India increased the limits for bank lending against negotiable warehouse receipts (NWRs) or electronic NWRs to Rs 70 lakh from Rs 50 lakh per borrower to ensure increased flow of credit to farmers against the pledge or hypothecation of agricultural produce, and encourage greater use of NWRs and e-NWRs issued by regulated warehouses as a preferred instrument for farmers availing such finance.

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0326; (P) 1.0366; (R1) 1.0434; More… EUR/USD is still staying below 1.0481 resistance and intraday bias remains neutral. More consolidation could be seen but after all, as long as 1.0092 resistance turned support holds, further rally is still expected. On the upside, break of 1.0481 will resume the rise from 0.9534 and […] The post EUR/USD Daily Outlook appeared first on Action Forex.
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Wednesday 23 November 2022

best time to trade forex

                                                      Chapter 1:


 Assess the Right Time toInvestTo trade successfully in Forex, you must be able to understand the trading signals that can contribute greatly to your profits. Select a chart that describes these trading indicators and rationally opt for a trading system that can optimize the benefit of these trading indicators. 

These signals can help in making important decisions regarding market entry and exit or to make any adjustments in currency exchange. Technical indicators describe the trading facts and figures by making certain mathematical calculations and state the time period that was selected for reckoning these indicators. Charts in Forex display continually updated exchange rates of various currencies, the upward or downward trends and the technical indicators. Every chart is being updated after a specified time period. 

You must be acquainted with these charts and the technicalindicators before making an investment. It is a sensible norm to consult the charts before making an entry to Foreign exchange market. You can even consult multiple charts to figure out the best time of entry. After mastering at entry signals' evaluation, you must pay attention to the exit signals. Consider many options from trailing stops, fixed stops and limit exits that you can use for your exit. 


If you intend to make short trade, try concentrating on 'turning points' by understanding any short-term pattern which can recur in long run. Monitor the currency pairs to figure out any such swing. Usually traders prefer to set a higher percentage for a short period, opting for the limit exit. You can also consult exit signals that are based on real time transactions, to make a decision regarding your exit. In addition to consulting the technical indicators carefully, you must use a signal that best suits your conditions. Instead of making a decision randomly you must stick to a logical mechanism. Try using multiple signals in accordance with many parameters that will lead you to risk aversion.

 Page 6 Forex Trading Fortunes Evaluating various Forex signals along with technical indicators allows you to control your investment and anticipate the possible fluctuations in market. Trading in Forex requires rigorous attention and observation and any negligence can cause big losses. Technological advancements have made it possible to analyze foreign exchange market 24 hours a day through internet. 

You can even buy and sell currency on phone, because the need of physical presence has been eliminated in Modern Forex trading. Now-a-days if the Forex trading indicators meet the defined parameters, you'll receive an alert to invest or sell your stock. To ensure the maximum possible gain from your investment, decide on following the trading signal of an experienced service provider's signals. You must find out the best trading system that suits you. Logical evaluation of figures and signals allow you to grab the right opportunity. 

You must conduct a thorough research before making a transaction and don't just rely on one source. Read reviews, online trading forums, business newspapers and magazines on foreign exchange to deeply understand the underlying system of Foreign exchange trading. Use software to evaluate signals or a method developed by any foreign exchange expert. Make notes and find out the right trading system that works for you. Page 7 Forex Trading Fortunes Chapter 2: Education with Forex Tradi




1000pip climber forex system review

 Any information communicated by 1000Pip Climber is solely for educational purposes.The information contained within this message neither constitutes investments advice nor a general recommendation on investments.It is not intended to be and should not be interpreted as investment advice or a general recommendation on investment.Any person who places trades, orders or makes other types of trades and investments etc., is responsible for their own investment decisions and does so at their own risk.It is recommended that any person taking investment decisions consults with an independent financial advisor.1000Pip Climber is for educational purposes only, it is not a financial advisory service, and does not give financial advise or make general recommendations on investment.



U.S.Government Required Disclaimer - Stocks, Options, Binary options, Forex and Future trading has large potential rewards, but also large potential risk.You must be aware of the risks and be willing to accept them in order to invest in the stock, binary options or futures markets.Don't trade with money you can't afford to lose especially with leveraged instruments such as binary options trading, futures trading or forex trading.This website is neither a solicitation nor an offer to Buy/Sell stocks, futures or options.No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.The past performance of any trading system or methodology is not necessarily indicative of future results.You could lose all of your money fast due too: poor market trading conditions, mechanical error, emotional induced errors, news surprises and earnings releases.End of U.S.Government Required Disclaimer.


The term '1000pip Climber' or 'us' or 'we' or 'our' or 'author' refers to the owner of the website www.1000pipClimberSystem.com and other associated websites, materials, software, services and communications etc.1000pip Climber is a trading name and member of Traders for Fair Trading Ltd (09181896).Registered in England & Wales.All kinds of trading (including but not limited to Forex, binary options, cryptocurrencies and spread betting) carries a high risk to your capital and it is possible to incur losses that exceed your initial investment.Trading is not suitable for all investors.Before making any trading decision ensure that you fully understand all the risks involved and have read warnings on, but not excluded to, trading websites.If you are in any doubt about the risks involved with trading seek advice from an independent financial advisor.We take no responsibility for any investment decisions made by the reader of our website or any recipient of our materials, software, services, emails and communications etc.and the information contained within any materials, software, services, emails and communications etc.provided by us is opinion only and does not constitute investment advice.They represent the author's personal views and trading experience and are subject to change without notice.By visiting our websites, or viewing our materials, software, services, emails and communications etc.you acknowledge that we are not providing financial advice and what you do with the information provided by us is your decision.We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade.There is no guarantee that you will earn any money using the information, techniques, ideas or materials provided by our websites or other associated materials, software, services, emails and communications etc.No information contained within our websites, materials, software, services, emails and communications etc.constitutes any recommendation to buy, sell, order, or trade any product in the financial or spread betting markets (including but not exclude to currencies, binary options and cryptocurrencies).The information contained in our websites, materials, software, emails, services and communications etc.is not necessarily real-time nor accurate, and analyses are our opinions only.It is important to know that past results are no guarantee of future performance.We have no liability to you or any third party for any loss or damage arising out of or in connection with, the disclosure of our websites, or our materials, software, services, emails and communications etc by us to you.We shall not be liable for any loss or damage arising out of the creation of our websites or our materials, software, services, emails and communications etc.All results and performance figures stated by us are estimates, hypothetical in nature and do not represent evidence of actual results achieved.Your use of our websites, materials, software, services and communications etc.and any dispute arising out of such use of them is subject to the laws of England, Northern Ireland, Scotland and Wales.We reserve the right to amend or replace our websites, materials, software, services, emails and communications etc.at any time and undertake no obligation to inform the user or to provide additional information.All materials, software, services, emails and communications etc are for the sole use of the recipient.No recipient, may rely on them for any trading or non trading decisions.Neither the whole nor any part of our materials, software, services, emails and communications etc.may be copied, published, quoted, disclosed, distributed, circulated, reproduced, transmitted in any form or stored in or introduced into a retrieval system by any means or in any form, without the prior written consent of us.

forex godfather is turning eleven dollars into eleven hundred dollars in 12 hours

 if you thought turning eleven dollars


into eleven hundred dollars in 12 hours


was insane wait till you watch me turn a


thousand dollars into ten thousand


dollars in only three trades. 


Do not expect this to be very likely because


this is very unlikely you ever get the


same results you guys have to remember

and I don't know I have millions of


dollars to trade with and I don't mind


losing a thousand dollars at any given


time. 


I've been trading for six years and


I've been doing it religiously I


probably trade more than I breathe


regular air


so just remember that and always keep


that in mind as you guys can see man we


got a new setup let me know what you


guys think. New camera new mic


everything's new if you guys can see a


difference and you enjoy it let me know


in the comment section so I know with


that being said I don't want to bore you


guys at all I want to get straight into



the breakdown how I was able to turn a


thousand dollars into ten thousand


dollars in only three Forex trades let's


get to the breakdown so let's go and pop


the history tab up on the screen right


here as you guys can see man we start


with a thousand dollars we had a two


thousand dollar win a six thousand


dollar win and then a twenty five


hundred dollar win all followed by a ten


thousand dollar withdraw and I don't do


these withdrawals for no reason I do it


for one to show you guys that it is a


real account I also withdraw that way I


can show you guys that I made that money


anytime in Forex when you make any type


of money whether it's a dollar or a


hundred dollars or a million dollars if


you don't withdraw that money you cannot


say you made that money if it does not


hit your bank account you did not make


that money I've seen too many times


where Traders go and make a certain


amount of money on their accounts and


then they blow it withdrawing is is a


very important part of Forex you have to


be able to withdraw secure some profits


and make some real life money where it's


all literally for nothing so make sure


you're withdrawing all right guys so


let's go and hop into the very first


trade we're gonna make it about two


thousand dollars on this trade I'm gonna


break down exactly how I did it what I


saw and all that good stuff okay so


price overall to me in this exact area


it's bearish I would say we're in a


bearish market structure we have those


lower lows those lower highs lower lows


whatever the case may be


however price did create a support Zone


in this area during that previous


bearish Market structure all I need to


see for me to take this by position and


be happy with where I'm at I need to see


this support zone right former support


zone now resistance Zone be broken so


first we have a rejection we have a wick


and we have a rejection here


once price actually becomes bullish and


I see a nice bullish candle start to


develop I'm going to take that by


position I'm not going to wait for the


candle to close but instead I'm going to


take that by position based off of


momentum all of my trades are based off


momentum where's price going how fast is


it moving do I feel like I can get in


and catch this move as it's going up


those are the questions I'm asking


myself when I'm taking these trades so


again for me price just has to become


very bullish I want to see a strong


bullish candle appear here and I'm going


to take my buy position because I


believe Market structure is going to


become


bullish


just like this I also believe


that prices


coming off of a support Zone and I see


that prices breaking through resistance


we have multiple confluences


as price starts to come up I took my buy


position right here at about 109.45 as


you guys can see very strong bullish


candle I'm very happy with where price


went here very tight stop loss as well


because if price does reverse back to


this little bit of a resistance former


support Zone then I believe we're going


to see a lower low be created Market


structure is going to stay bearish and


we're probably going to lose that trade


so a very tight stop loss here very


simple I had no Target in mind I wasn't


targeting any previous zones I just


wanted to throw my stop loss and kind of


see where things went I knew I needed to


catch a lot of Pips here to make a lot


of money it's only a 0.10 we need at


least 2 000 Pips to even make two


thousand dollars so as price started to


come up I felt good now price did start


to retrace here's my thing if I can draw


my Fibonacci long position here and


price does not break through this gold


Zone that


0.568618 rejection Zone


then I'm fine okay it's not a deep


enough retracement for me to get out and


break even it has to break through this


Zone as you guys see man price never


broke through that zone we had a couple


rejections but we never stayed bearish


very good sign that a trade is going to


keep going your way if you get in for a


powerful buy look for that Fibonacci


Zone and make sure that price does not


break through that zone because if it


does that's a pretty deep retracement


and chances are you're gonna get stopped


down okay so I felt good price continue


that price continued up


again I didn't have any Target in mind


so once we caught about 2 000 Pips I'm


up 2 000 bucks I closed my trade yes we


could have caught more and it continued


after a little bit but at the end of the


day I'm okay catching 2 000 Pips two


thousand dollars on my thousand dollar


account doubling tripling my account


even just in one trade okay I'm very


happy with that and you definitely


should be too I don't care if it's ten


dollars or thirty dollars a hundred to


three hundred whatever the case maybe if


you can 3x your account be satisfied


close your trade and uh do what you got


to do okay along the way I did Trail my


stop loss very very very not


aggressively okay as price was up in


here I was probably stopped pretty much


down in this area price was up here my


stops were pretty much down in this area


and then once we hit 2000 Pips I did


close my trade and uh was very happy


with where I was okay now let's go and


go over to the next trade now for trade


number two this was a big boy winner man


we caught six thousand dollars on this


single trade right here ended up risking


a little bit more of course you know


higher a higher lot size I knew what I


wanted to do I knew I wanted to make 10


grand I knew I wanted to do it fast


again I knew what I wanted


so it's a very simple setup man we're


coming off of a beautiful support Zone


price to me is really consolidating here


I don't see much of a trend down or up


so once I see a breakout either to the


downside past this support zone or past


this resistance Zone then I'll know


which way we're going I was pretty much


in this trade not even in the trade


pre-trade looking at it from both sides


we could either buy we could either sell


it just depends on what price gives us


but we're in a pretty much a medium Zone


where I'm not sure what we're gonna do


however I did know that if price broke


through this trend line we would flood


okay so just to show you guys what my


cells would have looked like it would


have looked like that okay same thing as


my buys look like but on the opposite


end a lot of Trades that I take are like


this you're either going to get a buy


you're gonna get a sell it just depends


on which way the Market's moving which


way market structure ends up being and


all that good stuff as you guys can see


price did though start to break out to


the upside for a buy position we have


that trend line and we have that


resistance I'm a breakout guy I'm


trading breakouts whether it's a trend


line or a support or resistance Zone I


am trading breakouts based upon Market


structure in which way I believe we're


going as price comes up here we have now


broken resistance broken a trend line


and now created bullish Market structure


we're now creating higher highs and


higher lows at least that's what I'm



expecting to happen now as messy as this


looks it's pretty simple okay I'll draw


that out for you guys a higher high


higher low


a higher high okay it's very very simple


we went ahead we took our buy position


another really tight stop loss I only


want to risk about 120 Pips here and I


want to aim for as much as I can get as


comfortable as I am going to Trail my


stop loss and if my stop loss gets taken


out well then so be it I get took it out


but it's going to be in profit


regardless okay now again price ended up


GET FOREX SIGNAL HERE

GET 1000PIPS CLIMBER 

Fed officials see smaller rate hikes coming 'soon,' minutes show

Fed officials see smaller rate hikes coming 'soon,' minutes show The Federal Reserve on Wednesday released minutes from its Nov. 1-2 meeting.

Here's why you'll NEVER make success in Forex. Get the right tools


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Tuesday 22 November 2022

Stocks making the biggest moves after hours: Nordstrom, Autodesk and more

Stocks making the biggest moves after hours: Nordstrom, Autodesk and more These are the stocks posting the largest moves in extended trading.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9514; (P) 0.9534; (R1) 0.9568; More… Intraday bias in USD/CHF stays neutral for the moment as consolidation from 0.9355 is in progress. Further decline is expected as long as 0.9680 resistance holds. Break of 0.9355 will resume the fall from 1.0146 to 0.9287 fibonacci level. Nevertheless, firm break of 0.9680 will bring […] The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
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Monday 21 November 2022

Stocks making the biggest moves after hours: Zoom, Dell, Urban Outfitters and more

Stocks making the biggest moves after hours: Zoom, Dell, Urban Outfitters and more These are the stocks posting the largest moves in post-market trading.

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AUD/USD Daily Report

Daily Pivots: (S1) 0.6650; (P) 0.6690; (R1) 0.6719; More… Intraday bias in AUD/USD stays neutral at this point. Further rally is expected as long as 0.6521 resistance turned support holds. On the upside, break of 0.6796 will resume the rise from 0.6169 to 0.6871 fibonacci level. However, sustained break of 0.6521 will argue that whole […] The post AUD/USD Daily Report appeared first on Action Forex.
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Saturday 19 November 2022

Here's why you'll NEVER make success in Forex. The Forex Cycle of Distru...

Here's why you'll NEVER make success in Forex. The Forex Cycle of Distruction...

'We're going to dream a little less': Sequoia's Doug Leone on fallout from FTX's collapse

'We're going to dream a little less': Sequoia's Doug Leone on fallout from FTX's collapse Billionaire venture capitalist Doug Leone said there wasn't much his firm Sequoia Capital could do to predict the solvency crisis at FTX.

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0311; (P) 1.0359; (R1) 1.0412; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0481 is in progress. Downside of retreat should be contained by 1.0092 resistance turned support to bring another rally. On the upside, break of 1.0481 will resume the rise from 0.9534 and target 1.0609 fibonacci level. In […] The post EUR/USD Daily Outlook appeared first on Action Forex.
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Friday 18 November 2022

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US SEC Starts Administrative Proceedings against American CryptoFed

US SEC Starts Administrative Proceedings against American CryptoFed

The United States Securities and Exchange Commission (SEC) on Friday kicked off administrative proceedings against American CryptoFed, a Wyoming-based decentralized autonomous organization (DAO).

The regulator wants “to determine whether a stop order should be issued to suspend the registration of the offer and sale of two crypto assets, the Ducat token and the Locke token,” SEC announced in a statement issued on Friday.

Ducat token is an algorithmic stablecoin while Locke is a government token created by American CryptoFed.

The US securities regulator’s action comes over one year after American CryptoFed filed a Form S-1 registration before the Commission. Form S-1 is an initial registration required of companies that want to offer new securities to the public. American CryptoFed also filed a Form 10 registration that sought to register the tokens as equity securities. However, SEC rejected the registrations.

In November last year, the regulator halted the registration of the two tokens, alleging that the DAO failed to provide information on its “business, management and financial conditions.” This included audited financial statements.

The firm’s filing also “contained materially misleading statements and omissions, including inconsistent statements about whether the tokens are securities,” the regulator said. In the same month, the regulator issued an order examination to determine whether a stop order should be issued against the DAO’s registration.

However, in the Friday statement, SEC alleged that American CryptoFed failed to cooperate with its examination of its registration statement. Regardless, Marian Orr, the firm’s CEO, told CoinDesk last year that it refuted “point by point” the criticisms raised by the regulator.

Recent Developments

According to a recent SEC filing, American CryptoFed in May 2022 wrote to the Commission that it would proceed with issuing the tokens in July 2022. But in June, the firm instead filed an application to withdraw its registration from the Commission. SEC said it rejected the application on the ground that “granting of the withdrawal request is not consistent with the public interest and the protection of investors.”

In the new SEC statement, David Hirsch, Chief of the Enforcement Division’s Crypto Assets and Cyber Unit, noted that an issuer that wants to offer crypto assets as securities transactions “must furnish the required disclosure information to the SEC.”

“American CryptoFed not only failed to comply with the disclosure requirements of the federal securities laws, but it also claimed that the securities transactions they seek to register are not in fact securities transactions at all,” Hirsch said.

Are Cryptocurrencies Securities?

In 2018, Jay Clayton, the former SEC Chair, noted that most cryptocurrency products qualify as securities and should be registered with the Commission as such. In August last year, Gary Gensler, current SEC Chair, echoed the same thought, noting that the securities regulator counts many cryptocurrency coins and tokens as securities.

As a result of this disposition towards digital assets, the SEC has been waging war against crypto startups flying crypto offerings without registering them as securities.

These battles include those the regulator has fought or is fighting against creators such as Kik Interactive which raised almost $100 million from the sales of its 'Kin' digital tokens, digital asset lender BlockFi Lending, which offers interest-bearing accounts, and Ripple Labs which raised over $1 billion dollar from sales of its token XRP, all of them without registering them as securities.

With US President Joe Biden's recent executive order calling for a harmonious regulation of the emerging cryptocurrency industry, it remains to be seen what final direction the world's largest economy will take with regard to cryptocurrency regulation.

This article was written by Solomon Oladipupo at www.financemagnates.com.

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1851; (P) 1.1896; (R1) 1.1961; More… GBP/USD’s retreat from 1.2028 extends lower today but stays above 1.1597 resistance turned support. Intraday bias remains neutral first. Further rise is expected, and break of 1.2028 will target 100% projection of 1.0351 to 1.1494 from 1.1145 at 1.2288. However, sustained break of 1.1597 will bring […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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Thursday 17 November 2022

Visa says Ryan McInerney will replace Al Kelly as its next CEO

Visa says Ryan McInerney will replace Al Kelly as its next CEO Ryan McInerney was named the next chief executive of Visa, replacing Alfred Kelly.

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3255; (P) 1.3301; (R1) 1.3374; More…. Intraday bias in USD/CAD stays neutral for at this point. Strong support could be seen from 1.3207 cluster support (61.8% retracement of 1.2726 to 1.3976 at 1.3204) to bring rebound. Break of 1.3494 support turned resistance will turn bias back to the upside. However, sustained break […] The post USD/CAD Daily Outlook appeared first on Action Forex.
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GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1729; (P) 1.1878; (R1) 1.2016; More… Intraday bias in GBP/USD is turned neutral with a temporary top formed at 1.2028, and more consolidations would be seen. Downside of retreat should be contained by 1.1597 minor support to bring another rally. On the upside, above 1.2028 will resume the rise from 1.0351 to […] The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
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Wednesday 16 November 2022

Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Nvidia and more

Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Nvidia and more These are the stocks posting the largest moves in post-market trading.

AUD/USD Daily Report

Daily Pivots: (S1) 0.6696; (P) 0.6747; (R1) 0.6808; More… AUD/USD’s rise from 0.6169 is in progress and intraday bias stays on the upside. Next target is 161.8% projection of 0.6169 to 0.6521 from 0.6271 at 0.6841. On the downside, below 0.6662 minor support will turn intraday bias neutral and bring consolidations, before staging another rally. […] The post AUD/USD Daily Report appeared first on Action Forex.
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USD/JPY Daily Outlook

Daily Pivots: (S1) 137.80; (P) 139.20; (R1) 140.73; More… Intraday bias in USD/JPY is turned neutral again with current recovery. Stronger rise cannot be ruled out, but upside should be limited below 145.16 support turned resistance. Break of 137.66 will resume the decline from 151.93, to 133.07 fibonacci level, as a correction to the larger […] The post USD/JPY Daily Outlook appeared first on Action Forex.
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USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9377; (P) 0.9427; (R1) 0.9496; More… A temporary low is formed at 0.9355 and intraday bias in USD/CHF is turned neutral for some consolidations. Upside of recovery should be limited by 0.9680 minor resistance to bring another decline. Below 0.9355 will resume the fall from 1.0146 to 0.9287 fibonacci level. In the […] The post USD/CHF Daily Outlook appeared first on Action Forex.
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GBP/USD Daily Outlook

Daily Pivots: (S1) 1.1729; (P) 1.1878; (R1) 1.2016; More… Intraday bias in GBP/USD remains on the upside for the moment. Current rise from 1.0351 should target 100% projection of 1.0351 to 1.1494 from 1.1145 at 1.2288. On the downside, break of 1.1708 minor support will turn intraday bias neutral and bring consolidation again, before staging […] The post GBP/USD Daily Outlook appeared first on Action Forex.
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'Shōgun' banked on authenticity. It became one 2024's most successful shows

/ FX . All Japanese characters are played by Japanese actors speaking period Japanese (with subtitles) while dressed in painstakingly detai...